that is the argument that mahomet all area and from pentico has made in a recent article. -- pick muhammed el-erian has made in a recent article. what exactly is all of the brightness to this chaos? >> it is important to understand the context. egypt is trying to give it -- put from its past -- pivot from its past into its future without the proper institutions and without a mandela-type leader. it is a very bumpy road. there are now checks and balances in egypt. this is no longer a society where you can ram through changes. and there is nothing more powerful than citizens who feel they have a say in the destiny of their country. because of that, you can think of the future, which will be one where the egyptians will be able to take control of their economy much more so than before. it tells you that the egyptians feel they own the country, and that is very important. >> what do you say of the critique that if you can simply replaced one ferro with another? >> i would say it is not that -- one ferro -- pharoah with another? >> i would say it is not that bad. in the old days under a pharoah